wow these are big numbers for an OTC play? the financials say $42,000 in sales and cost of goods sold $14,279 so they made $28,191 profit on sale?, that's way up from the last quarter? Is that almost enough to buy a used Mercedes for the CEO?.
Oh I see they reported though operating expenses were over $900,000
So they show a loss of $874,470 ???
You guys are so busy high fiving yourselves that you got traffic and volume but who's buying who's shares, lol. Check this out I think my 8 year old has more cash in his savings account. I'm not bashing this is all reported by the company check it out yourself.
As of June 30, 2012, none of the Company’s cash balances were invested in financial instruments. The following table presents the Company’s financial assets and liabilities that are measured at fair value on a recurring basis which were comprised of the following types of instruments as of June 30, 2012:
As of June 30, 2012
Fair Value
Level 1
Level 2
Level 3
Cash and cash equivalents:
Cash (1)
$ 46,018 $ 46,018 - -
(1) Included in Cash and cash equivalents on the Company’s Condensed Consolidated Balance Sheets.
Cash equivalents are classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices. The types of instruments valued based on quoted market prices in active markets include money market securities. The Company reviewed its financial and non-financial assets and liabilities for the year ended June 30, 2012 and concluded that there were no material impairment charges during each of these periods.
AI
Market Data 
Markets 
